Technicals for Finolex Cables Limited

Price Summary

On 2026-06-03, FINCABLES's stock began at 1002.2, peaked at 1021.6, dipped to 975.8, and closed up -0.56% at 996.6, with a volume of 426427 shares.
The top price for the stock in the last 52 weeks is 1177.25, with the bottom price being 710.8.

Technicals

Support and Resistance: The current price for FINCABLES is 996.6, supported at 946.45 with resistance at 1003.25. This indicates a trading range where 946.45 might prevent further declines, while 1003.25 could hinder additional gains.


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for FINCABLES, with no strong trend emerging.


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for FINCABLES.


Stochastic: The Stochastic K-line has dropped beneath the D-line and is below 20, indicating a mildly bearish outlook. This suggests that the market might experience some downward movement, though the bearish sentiment is mild. Investors should keep an eye on this trend for further confirmation.


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.